Description:
The legal system plays a pivotal role in the enforcement of foreign arbitration awards. When parties from different countries engage in international arbitration, they rely on arbitration tribunals to resolve disputes. Once an award is issued, its enforcement depends on the legal framework and procedures of the country where enforcement is sought. This process involves various legal mechanisms, such as the recognition and enforcement of awards under international conventions like the New York Convention, or through domestic laws and courts. The legal system's role is to ensure that these awards are recognized as binding and enforceable within their jurisdiction, thereby upholding the integrity and effectiveness of international arbitration as a means of resolving cross-border disputes. This process serves to promote trust and predictability in international commerce and fosters a global environment conducive to arbitration as a preferred method of dispute resolution.
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Legal System's Role in Foreign Arbitration Award Enforcement
by Rajat Solanki
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- Paperback
- first
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- first
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- Paperback
- ISBN 10 / ISBN 13
- 9788196588151 / 8196588151
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HYDERABAD, Telangana, India
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NZ$52.15NZ$35.33 shipping to USA
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